There are those who say that the UK state retirement age should rise because we are all living longer. I call bullshit on this line of thinking. The government's proposed rise in the pension age to 68 - affecting those currently between the ages of 39 and 47 - is nothing short of scandalous given the massive austerity that Joe Public has already endured since the 2008 … [Read more...] about The Government Can Shove The Rise In The State Pension Age Where The Sun Doesn’t Shine
In a series of posts that sprang from Warren Buffett's latest 13F filing I have responded to two questions on social media regarding the improved fortunes of Southwest Airlines (NYSE: LUV): @djthomas would be interesting to post your GM% improvement for LUV against oil prices to see how much correlation there is. Bet it's a lot. — Peter Harris (@2peterharris) March 20, … [Read more...] about Southwest Airlines (NYSE: LUV) Gross Margin % v Oil Price: Is There A Correlation?
Today a BBC Business News article proudly states that 'Retail Sales Fall Unexpectedly In January'. The Beeb cite a report by the ONS again released today showing retail sales volumes dropping by 0.3% as compared with the previous month, well below the 0.9% expected rise. I don't know if it's the way mainstream financial writers come up with headlines or in this particular … [Read more...] about Why Mainstream Financial News Can Misalign Your Investment Framework
Here is a direct copy and paste from my About Me page and goes to the heart of why I write this blog and invest for the future of my children: The 2008 economic meltdown saw the collapse of my fledgling accounting business because my clients were themselves going out of business because their clients were going out of business. Since then I’ve been on a personal mission to … [Read more...] about Why I’m An Anti-Globalist Stock Market Value Investor
UK growth slows as fourth quarter GDP growing by just 0.5%, from Reuters: For 2015 as a whole, Britain's economy grew 2.2 percent, down from 2.9 percent in 2014, when it was the fastest-growing major advanced economy. The global slowdown means Britain is still likely to have remained near the top of the pack in 2015 Although this spin makes things sound cheery I'm not so … [Read more...] about How To Avoid The Crush As Central Banksters Slam The Value Of Money